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TECHS: (Z9) Downside Focus *RES 4: 143.93......>

BTPS
BTPS: TECHS: (Z9) Downside Focus
*RES 4: 143.93 High Nov 7
*RES 3: 143.07 Low Sep 9 and former breakout point
*RES 2: 142.56 High Nov 8
*RES 1: 142.12 High Nov 18
*PRICE: 141.78 @ Close Nov 18
*SUP 1: 140.24 Low Nov 14
*SUP 2: 140.00 Round number support
*SUP 3: 138.83 Low Sep 19
*SUP 4: 148.19 3.618 projection of Sep 12 - Sep 18 decline from Sep 25 high
Despite a recent recovery, bearish conditions in Z9 BTPS remain intact for now.
The break of the former key support at 143.07, Sep 11 low on Nov 11 confirmed a
reversal and brought to an end a long period of consolidation that had been in
place since Sep 12. This continues to weigh on the contract and scope is seen
for a move to 140.00 next and 138.83, Sep 19 low. Resistance is at 143.07, the
former breakout level.

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